VOL. XXXI

NO. 13

4-JANUARY-1988

ALGERIA

Agip Signs First Agreement under New Hydrocarbons Law

The Algerian state oil group Sonatrach and Italy's Agip on 16 December signedthe first oil exploration and development agreement under the new hydrocarbonslaw adopted by Algeria in mid-1986 (for details, see MEES, 22 June 1987). Theagreement covers the development of the discovery made by Agip in its concessionarea (permits 403 and 407) some 100 kms. west of the El Borma field in late 1986(MEES, 12...